2022 GEL to GMD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 GEL to GMD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the GEL to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 9, valuing the pair at 23.4680. Conversely, the yearly low was recorded on March 8, dropping to 15.4862.
This high-to-low spread represents a total annual volatility of 7.9818 GMD. From a start-to-finish perspective, comparing the January average rate of 17.1550 to the December average rate of 23.1997, the exchange rate registered a net change of 35.24% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 23.4680 was up 36.94% compared to the 2021 peak of 17.1378, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GEL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
GEL to GMD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 17.6139, compared to 20.5834 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.9695 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was March, with a trading range of 1.8890 GMD (High: 17.3752 / Low: 15.4862). On the other end, January was the most stable month, with a tight range of 0.3620 GMD (High: 17.4056 / Low: 17.0436).
Growth Streaks & Declines
TrendsBetween March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 1.1198 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2022: 23.1997) against the same month in 2021 (average: 16.9606), the exchange rate shifted by +6.2390 (+36.79%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 17.4056 | 17.0436 | 17.1550 |
| February | 18.1538 | 16.8139 | 17.7156 |
| March | 17.3752 | 15.4862 | 16.5958 |
| April | 17.7677 | 17.3548 | 17.6307 |
| May | 19.0317 | 17.6606 | 18.1854 |
| June | 18.6851 | 18.0200 | 18.4007 |
| July | 19.5009 | 18.3859 | 18.4921 |
| August | 20.1101 | 18.7565 | 19.6205 |
| September | 19.6106 | 18.2667 | 19.2867 |
| October | 21.1935 | 19.6106 | 20.4169 |
| November | 22.9311 | 21.2909 | 22.4847 |
| December | 23.4680 | 22.9205 | 23.1997 |